This is. MY first Post
If trading view likes this I can post a stock throughout the week
If you use a program called Metastock-I Do - I Am Not ADVERTISING -
I scan for stocks every night that get a MACD Buy Alert on Nasdaq Only
If the price the next day breaks the high of the Alert Day - then I place a Call Option ITM using a small bank roll challenge. I...
Analyzing the options chain and the chart patterns of GT The Goodyear Tire & Rubber Company prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $0.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Goodyear Tire & Rubber Company (GT): An Integrated Financial and Technical Perspective
Executive Summary:
The Goodyear Tire & Rubber Company stock (GT) presents a complex narrative that intertwines progressive corporate strategy with a dynamic technical posture. The company has launched a pivotal transformation initiative, 'Goodyear Forward,' aiming to...
According to calculations, the trend started on the 4-hour timeframe on December 29.
On February 2, the level of 12.03 was tested.
In the near future, this level will be tested again. Take profit is set at the level of 12.66, with a very high probability we will make a profit.
I think now is the best option to enter into a buy trade.
Do not forget about SL =...
looks like it could breakout, gonna be watching closely
RSI looking good, its volatile and just under down trend resistance.
hopefully volume increases in coming days to push it through resistance
I am currently on a sell bias for the GT stock. The video explains why i am currently biased to a downside momentum and the entry confirmation and target zone i am looking at.
www.tradingview.com
The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica,...
Plotted here are two different Fib series.
Thick lines are of its "Genesis" (birth) fib.
Thin lines are the "Covid Stimulus" wave.
Confluence zones of the fibs are of great interest.
Pings (exact ricochets) confirm the fibs' relevance.
Pings on subsequently higher fibs a good bull sign.
I do NOT research the companies, I just plot the charts.
Maybe there was a...
Possible stop where you see support or under C. There is a pocket pivot not far under price.
The target is D.
No recommendation.
Price is hitting the top of the bands set on an 80 SMA and the band could be causing some resistance at that level.
Uptrend
Breakout has been done yesterday but I was not sure for that because you need good closure above the S/R zone. there is another candle above the trend line and I suppose it's triggered for entry by setting SL at around 18
$GT putting in a nice high cheat in its 4.5 months cup base. volume pattern in the cup base looks very healthy.
Earnings in 6 days might make this a bit tricky. I still want to see it quite down in the cheat before it comes out.
